Evercore ISI Group Rates Old Dominion Freight Line (ODFL) buy
Evercore ISI Group has upgraded Old Dominion Freight Line to a 'buy' with a new price target of $237, a 9.70% upside from the current price.
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Evercore ISI Group rated Old Dominion Freight Line, Inc. ($ODFL) "buy" with a $237 price target on July 1, 2026.
Since the rating, $ODFL is up 0.1% after 1 week, down 2.7% after 1 month and down 13.7% to date (from the $217.62 close on Jul 1, 2026).
Key Points
- Evercore ISI Group upgraded Old Dominion Freight Line to a 'buy' and set a new price target of $237 on July 1, 2026.
- Evercore ISI Group's $237 price target implies 9.70% upside from Old Dominion Freight Line, Inc.'s ($ODFL) current $216.05 share price.
- Shares of Old Dominion Freight Line traded at $213.63 on NasdaqGS with a market cap of about $45 billion.
- Insider activity includes several purchases by executives in May 2026, and analysts are mixed on the stock with a consensus 'hold'.
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Evercore ISI Group has upgraded its rating for Old Dominion Freight Line, Inc. (NasdaqGS: ODFL) to 'buy' with a new price target of $237. This change was announced on July 1, 2026, by analyst Jonathan Chappell.
Evercore ISI Group vs. the S&P 500
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Old Dominion Freight Line, Inc. Stock Up 24.9%
Shares of NasdaqGS:ODFL traded near $213.63 on Wednesday. The company, which operates as a less-than-truckload motor carrier, has a market cap of approximately $45 billion. Old Dominion's P/E ratio stands at 45.2, with a forward P/E of 34. The stock has shown volatility with a 52-week range between $126.01 and $252.03. Its 50-day moving average is $218.19, while the 200-day moving average is $178.57.
$ODFL price target
Old Dominion Freight Line, Inc. daily closes and this analyst's $237 target. Not advice.
Analysts Set New Price Targets
On July 1, 2026, Evercore ISI Group upgraded Old Dominion Freight Line to a 'buy' rating with a $237 price target. Other analysts have mixed views: Barclays maintained a 'hold' with a $220 target on June 25, and Goldman Sachs maintained a 'buy' with a $235 target on June 23. Citigroup, however, downgraded the stock to 'sell' with a $228 target on June 15.
Insider Buying and Selling at Old Dominion Freight Line, Inc.
Recent insider activity at Old Dominion Freight Line includes several purchases on May 20, 2026. Andrew Stephen Davis, Albert Randolph II Smith, Cheryl Miller, John Kasarda, and Bradley Gabosch each acquired 859 shares. These transactions were not part of a planned trading program.
About Old Dominion Freight Line
Old Dominion Freight Line, Inc. is a major player in the trucking industry, providing less-than-truckload services across the United States and North America. Headquartered in Thomasville, North Carolina, the company offers regional, inter-regional, and national services, along with expedited transportation. Old Dominion also provides value-added services such as container drayage and supply chain consulting. The company, led by CEO Kevin M. Freeman, employs over 20,000 people.
Bottom Line
Investors closely watch analyst ratings for guidance on stock performance. Evercore's upgrade to a 'buy' reflects confidence in Old Dominion's market position. However, with a consensus 'hold' rating among analysts, opinions on the stock remain mixed. As with all 13F filings and ratings, these insights are backward-looking and may not represent the most current market conditions.
Source: Evercore ISI Group's rating change on $ODFL (Jul 1, 2026). Written by software, not financial advice. How we make alerts
